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2 years ago

7

Parents put $ 1000 into a savings account at the birth of their daughter. When their daughter is 18 years old, the money in the

account is $2936.77. What is the interest rate compounded monthly?

2 answers:

kotykmax [81]2 years ago

8 0

Answer:

408.611%

Explanation:

kirill [66]2 years ago

6 0

$4008.00 ㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ

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NC Office Supply purchased a heating system on September 1, 2019, for$18,500. The estimated salvage (disposal) value is $500 and

MArishka [77]

Answer:

Accumulated deprecation [End of 2021] = $4,200

Explanation:

Given:

Purchase cost on [1 sep 2019] = $18,500

Salvage value = $500

Number of year = 10 year

Find:

Accumulated deprecation [End of 2021]

Computation:

Amount of depreciation per year = [Purchase cost - Salvage value] / Number of year

Amount of depreciation per year = [18,500 - 500]10

Amount of depreciation per year = $1,800

Accumulated deprecation [End of 2021] = Depreciation in 2019 + Depreciation in 2020 + Depreciation in 2021

Accumulated deprecation [End of 2021] = [1,800(4/12)] + 1,800 + 1,800

Accumulated deprecation [End of 2021] = 600 + 1,800 + 1,800

Accumulated deprecation [End of 2021] = $4,200

3 0

2 years ago

lbvjy [14]

Answer:

45

Explanation:

8 0

2 years ago

Equity Method Investment with Basis Differences Several Years LaterSaxton Corporation purchased 25 percent of Taylor Company's v

konstantin123 [22]

Answer:

<u>Calculation of Saxton's equity in Taylor's net Income</u>

Saxton's share of Taylor reported Income $62,500

($250,000 * 25%)

Less: Revaluation adjustment <u>$30,000</u>

($1,800,000/15)*25%

Equity in net income of Taylor <u>$32,500</u>

Saxton's equity in Taylor's net income is $32,500

<u>Preparation of the required Journal entries</u>

Account Titles and Explanation Debit Credit

Cash ($100,000*25%) $25,000

Investment in Taylor $25,000

(To record receipt of dividends)

Investment in Taylor $32,500

Equity in Net Income of Taylor $32,500

(To record earnings of the investee)

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2 years ago

Wesso is a large manufacturing business. Many workers complain about poor communication in the business. Wesso pays its factory

Korolek [52]

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2 years ago

Your project sponsor is Shirley, the Chief Information Officer. She is a member of the hospital leadership team who controls the

nlexa [21]

There are different kinds of projects. The first step to take with Shirly is to;

You meet with Shirley to confirm the requirements, then draft a release plan with your development team. You review the plan in detail with her management team to confirm their understanding and support.

<h3>What is Project management?</h3>

This is known to be a form of application of different processes, methods, skills, knowledge, etc. so as to be able to achieve any kind of project objectives that one is undertaking and also based the project acceptance criteria within the set parameters.

Project management is known to consist of some final deliverables that are hindered to a kind of timescale and budget.

See options below

A) You meet with Shirley to confirm the requirements, then draft a release plan with your development team. You review the plan in detail with her management team to confirm their understanding and support.

B) Before starting release planning you ask Shirley to help identify everybody with an interest in this project. She reminds you that as the product owner she will provide any direction you need, but reluctantly agrees to the meeting.

Learn more about project management from

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1 year ago